Sowilo Retreat

Sowilo Retreat

Closed: Apr. 2024

About this raise

Sowilo Retreat is raising funds on Honeycomb. It is a retreat in Cambridge, New York that offers an escape from the chaos of everyday life. Sowilo Retreat offers nature’s beauty, meditation, mindfulness practices, and relaxation for both body and mind. The diverse accommodations of Sowilo Retreat include tiny houses, Bunk Plus cabins, and geodesic domes that span across 48 acres of maple tree woods. Eva Sandor founded Sowilo Retreat in June 2021. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to build a larger event space to offer more accommodation to guests.

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Investment Overview

Invested this round: $25,000

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
02/27/2024
Close Date
04/18/2024
Min. Goal
$25,000
Max Goal
$124,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2021
Industry
Travel and Hospitality
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Cambridge, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Eva Sandor
Title
CEO

Financials

 Revenue
$42,359
as of FY2023
 Monthly Burn
Profitable
as of FY2023
 Cash on Hand
$15,000
as of FY2023
 Gross Margin
82%
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$42,359

$0

COGS

$7,675

$0

Tax

$0

$0

 

 

Net Income

$31,140

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$15,000

$0

Accounts Receivable

$0

$0

Total Assets

$671,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/18/2024 Honeycomb - $25,000 Debt Funded RegCF
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Sowilo Retreat on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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